At Franconia Apartments, 54 units are designated for households age 62 and older or that have a disability. These one-bedroom and studio apartments are subsidized, meaning rents are calculated based on 30 percent of annual household income. Electricity and water are included in the rent.
Wheelchair accessible units are available as well as onsite resident services, an elevator to all floors, laundry facilities, and a community room for residents.
|Studio (Studio/1)||-||Income Based|
|One Bedroom (1/1)||-||Income Based|
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Denver but actual income limits may differ for units at Franconia Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Franconia Apartments is managed by Mercy Housing.